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| Price $9,325,000 | Built/Renov 1994/1996 | Tenant Lowe's |
| Cap Rate 6.00% | Lease Type
Double NN | Guarantor Corp T and Rated |
| Size/SF
125,357
| Lease Start
01-28-1994
| #Units
1,738
|
| Price/SF $74.39 | Expiration
12-31-2034
| Tenant Type Big Box Retail |
| NOI $559,437 | R. Term 10.3 | Ownership Fee Simple |
| Rent/SF
$4.46
| Increases 5.0%/5/yrs | Pop 5Mi 236,914 |
| Lot/AC 12.80 | Options 6/5yrs/5% | AHHI 5Mi $82,936 |
| | |
Lowe’s is strategically located on Brice Rd, a major retail thoroughfare, with access to a high daily traffic count of 45,800 vehicles. The property is situated 2 miles southwest of Taylor Square, a shopping center that hosts well-known national tenants such as Walmart Supercenter, Sam’s Club, Marshalls, JOANN’s, and Best Buy. It is also adjacent to Brice Park and near Hunters Run Centre. The...
...Build to suit
In location for years
Dense retail corridor
Near major nationals
Top 100 MSA
Strong demographics
Long 10+ yr lease
Traded and rated company
Corporate Guarantee
Investment grade tenant
Lowe's Companies, Inc. (NYSE: LOW), dba Lowe’s Home Centers, Inc., is an American company that operates a chain of retail home improvement and appliance stores in the United States. Founded in...
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
